Thoughts on the USD/CHF currency pair by Sid from ElliottWavePredictions.com

Thoughts on the USD/CHF currency pair by Sid from ElliottWavePredictions.com. Cick on the chart to enlarge . . This the USD/CHF exact chart and wave count I showed in last week’s “Counts” webinar. None of the annotations on the chart have been changed since before the surprise announcement from the Swiss National Bank.  Suffice it […]

Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com

Elliott Wave Analysis of the EUR/USD Currency Pair by Sid from ElliottWavePredictions.com.  Click on the chart twice to enlarge. The “Teflon Euro” has stayed amazingly resilient for a full year now after the initial calls for the end of a multi-year triangle emerged in February 2013.  The above wave count shows that the Euro may have one more trick […]

EUR/USD update by Sid from ElliottWavePredictions.com

Here’s another interpretation of the recent price action in the Euro. A corrective wave count in the Euro up from the August 6 low is confirmed by a corrective WXY double zigzag count during the same period (but in the opposite direction) in the inversely correlated USD/CHF pair. The fact that MACD divergence is already […]

Elliott Wave Update on the Euro from Sid at ElliottWavePredictions.com

Elliott Wave Update on the Euro from Sid at ElliottWavePredictions.com. Click on the chart twice to enlarge. In my last post (on June 6), I said that the Euro would continue to chop higher in a series of 3-4’s. This appears to have occurred, and now the EUR/USD pair may now be putting in a […]